Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Here’s Why

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $9.39, but opened at $9.9450. Advanced Info Service Public shares last traded at $9.9450, with a volume of 188 shares trading hands.

Advanced Info Service Public Price Performance

The firm’s fifty day moving average price is $10.18 and its 200-day moving average price is $11.08. The company has a market capitalization of $29.37 billion, a price-to-earnings ratio of 17.63 and a beta of 0.13. The company has a debt-to-equity ratio of 2.37, a current ratio of 0.40 and a quick ratio of 0.36.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its quarterly earnings results on Friday, August 7th. The technology company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. The company had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.70 billion. Advanced Info Service Public had a return on equity of 57.49% and a net margin of 23.42%.

About Advanced Info Service Public

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY), commonly known as AIS, is a Thailand-based telecommunications company. It provides mobile voice and data services to consumers and businesses through its wireless communications network, along with related connectivity and communications products.

The company also operates AIS Fibre, its fixed broadband internet business, and offers enterprise telecommunications solutions, including connectivity, information technology, cloud, data center and managed services.